Guide price
£325,000
(£130/sq. ft)
7 bed property for saleMarket Corner, Leamington Spa CV31
7 beds
2 baths
2 receptions
2,507 sq. ft
- Freehold
Handles Property
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About this property
Price guide £325,000 to £350,000
Current rent £22,080 with anticipated rent of £33,500
Flats are both let on AST's and shop has 15 year lease commencing 1.7.19
Vibrant popular area with excellent transport links
Includes large rear yard and 'garage'
All enquiries strictly to the selling agents
Exciting Freehold mixed use investment opportunity
Exempt from residential sdlt surcharge
Price guide £325,000 to £350,000
Exciting Mixed-Use Investment Opportunity – Market Corner
A well-located mixed-use property offering strong income with excellent value-add potential. The building comprises a ground floor takeaway unit and two self-contained residential flats above. While the property generates immediate income, there is significant scope to increase gross yield through refurbishment of the flats.
Prime Location & Transport Links
Market Corner is a vibrant and highly sought-after area, popular with homeowners, students, and renters. Its appeal is underpinned by outstanding transport links:
Rail: A short walk to the mainline station with direct services to Birmingham, London, and regional centres.
Road: Close to M40 and M42 motorways, offering swift access to Birmingham Airport, the nec, Oxford, Coventry, and beyond.
Public Transport: Regular local buses serve the area, connecting to town centres, universities, and business parks.
Employment & Education: Strong rental demand driven by nearby technology park and Warwick University campuses.
Tenancy Details
Commercial Unit (Takeaway): Let on a 15-year lease from 1st July 2019, with upward-only rent reviews every 5 years. Provides stable commercial income.
Flats: Both are let on ASTs. Refurbishment offers potential for increased rental income.
EPC Ratings
Shop: B | Flat 1: C | Flat 2: Anticipated C
Current Rental Income
Shop: £7,500 p.a.
Flat 1: £8,340 p.a.
Flat 2: £6,240 p.a.
Total: £22,080 p.a.
Anticipated Post-Renovation Income
Flat 1: £12,000 p.a.
Flat 2: £14,000 p.a.
Shop: £7,500 p.a.
Total: £33,500 p.a.
A rare opportunity to acquire a well-positioned mixed-use asset with secure income, growth potential, and excellent connectivity.
All enquiries strictly via the sole selling agents.
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